i mean, china is not playing fair on this, and china has created over capacities in a, in, in china with even vehicles. a 50000000 b is the own market can absorb only 22000000. so they're more than 20000000 cars over capacities from china. and they're looking for market, the u. s. old. already close the market. japan did all the markets is a to and the europeans to think, okay, we are for you. well, we are free markets and just to let them come, that will be great big problem. so i think the terrace, uh, how important measurement to put a china under pressure to negotiate with china, to change. that's clifford, as son environmental are, advocates are arguing that in fact, by shutting out shaped eaves, we are undermining our own green goals. is there something to that to? well, i think i think the whole argument we could talk about the visa as, as the environmental aspect, gives it's another argument. i mean, essentially when you have electronic vehicle, a lot of this is a bad batteries and ultimately be id for example, the comment or is, is a battery company and everything they do is the

so companies are adopting in china for china strategy for the at the end of the day. we certainly see that there are companies that got frustrated and left at the same time. there are companies that are really trying to find ways to stay in china if not to actually invest more. because there is a lot of advantages about this market. this is a market that has a bond in labor supplies is relatively cheap. and at the same time, the economy of scale, that is something that no other countries can really compete with china as of the moment. so while certain companies are actively looking at diversification, so away from china, many companies are still find ways to really stay. if not to invest more. thank you very much for taking your time. thank you. of the invalid of an odd rules this 3. but why is that? and how can i find the best pieces? i asked someone who knows the city streets i've seen inside out. then is the tickets we have this large, we're all as big things i talk to you. but the beauty is also in details. and some of them, you know, like business on extremely, e

for china interest. that being said, look. busy you know, let's, let's really come to the end and that's really solve this issue. and the find a solution to that and probably in china, but they are not always global solves, would have more influence on china originally been something ways, but still a 6 point piece of time for a, for ukranian and, and roger and conflict and the i, the turkish for a minister competency to do a few days ago. imagine and the saying that to a talk is also would like to what was trying to help on those conflict in, in the me the is the only in, uh, you know, rush and all you credit so. so i think there's a lot of things that to try to come play a more active uh, uh you know, peace, me making and peace. me the agent role? no, i then used to be so, so i think it's also because china has a vested interest to see a more prosper, most stable book, just from work that is really binding site and both drawn on the war. do you think there's a pathway with international institutions to

so here in china here in china. so they are again, opportunities and challenges. but it's very important for people to come back to china and look at what's going on. it's very different from what we're reading the news and it's the same time. ultimately, it is through the businesses and collaborations and continuing dialogue that we can find ways to work together. the chinese prim. yes. spoke about a living playing field between international companies and chinese companies. so if you come to try it now, you said there may be a level playing t it do you see this? the chinese top leadership has been very committed and consistent in sending the message that china is still very open and the china is very dedicated to opening up and to economic reforms. so they are gaps that many for in business are seeing. the intention is good, but there need to be a lot more improvements in terms of practical every day, policies, and support for both domestic and foreign companies. what kind of gaps, for example of this would be a lot. i don't want to. okay. so you see many opport

so what gets it died is really the french import, if uh, uh, vague or uh, from china because china has natural competitive advantages in producing new ways. we don't have that at the moment in europe. we should go into that direction to present applies to the st. i'm just so long as don't want to have any protection . so i'm just going to have to have competition. so how do you agree all industry is a games to the same kind of this story telling from the u. s. o biting 100 percent to texas on gift texas on, on china is because that is, that is just a reaction because he wanted to lose the residential action to, to, to don a job. so. okay. yeah, that's not fair. so the situation this uh, there are no uh, subsidies which are out of sale to the company is this uh, scaling for a fact which show we see in china and that of all us national competitive advantages. and there is no reason to tax that so, but i do have an interest. okay, well i want to get on to how china might respond here, vicky, i mean, they haven't said yet how they might retaliate, but say that will take every necessary mea

of china. and he said, well, the signs of the chinese government were clear. they said, we will, we will go into each each vehicles and we ask, what is the w doing? and he said, what, as long as we can say, oh combustion? so, well, why should we change all the plans? are we the old times already? but we should, we shouldn't change on until we say, because we're sell so well with a combustion. and then uh, and then a few years later than the independent mccain. and, and the chinese competitors, they developed further and the german cost didn't. and now we have this like off a few years and it's hard to catch up. now put that together for us, if you would, clifford with the last point that was made in the report, the idea that the german industry is often often lagging behind when it comes to onboard software. would you say that the greater disruption has been de carboned ization or has it been digitalization? or is it both? i think it's possibly both. um. there's a lot of different factors of pl

for china interest. that being said, look. busy you know, let's, let's really come to the end and that's really solve this issue. and the find a solution to that and probably in china, but they are not always global solves, would have more influence on china originally been something ways, but still a 6 point piece of time for a, for ukranian and, and roger and conflict and the i, the turkish for a minister competency to do a few days ago. imagine and the saying that to a talk is also would like to what was trying to help on those conflict in, in the me that is the only in, in uh, you know, rush and all you credit so. so i think there's a lot of things that to try to come play a more active uh, uh you know, peace, me making and peace. me the agent role? no, i then used to be so, so i think it's also because china has a vested interest to see a more prosper, most stable book, just from work that is really binding site in both china anymore. do you think there's a pathway with international institutions to

, and so the president criticized, and this, strictly speaking, china for china dislikes things, chinaublic showdowns, however, it looked very contrasted with this speech of china, and the actions of ukraine looked like, because literally the next day our representative of the foreign ministry, the deputy minister of foreign... affairs went to china and obviously he tried it is still possible to prove whether it is possible to convince china to participate, but i understand that these were pre-planned consultations, it is not that he left after zelensky’s speech, so to speak, obviously these conversations and the work of the ministry of foreign affairs in general, it was conducted in its own way, and accordingly it looked as if ukraine had gone amicably, or to make sure once again whether it was possible to involve china, but china had made its decision in advance, and it was repeatedly said, precisely therefore , there is absolutely no hope that the position will change today. but what do you think, such a chinese position, it is really dictated by the fact that china believed that ru

if china us pension was _ us and china. if china us pension was somehow. us and china.us and china. if china us - pension was somehow to ease and china was to be able to work better together, that would enable china to put more pressure on russia and ukraine and pressure on north korea, but a lot of this depends on the relationship between the us and china. because the tension between the united states and china is so great that it is difficult for the united states to exercise much leverage on china in the ukraine war. we are also seeing optics as well. there is panda diplomacy, pictures coming in. how is that going to be viewed and will that go beyond the objects and actually send the message that china wants to send? and how will it be perceived by the west? . . , will it be perceived by the west? ., ., , ., ., will it be perceived by the west? ., ., ., ., west? pandas are important to china. there _ west? pandas are important to china. there are _ west? pandas are important to china. there are two _ west? pandas are important to china. there are two bed - west? pand

, when china announced its so-called four points, now that china was not at the summit, i personally. not understand what can make russia look in a different way to the results of the meeting in switzerland, especially considering what putin said the other day, that this is all profanation, this is an attempt to undermine russian-chinese unity, this is an attempt to aggress against russia from, as he said there, the western hosts of ukraine, his favorite wording, that is, how we want to involve russia in the second summit and at what cost, i repeat, i simply have no idea, but if we really want to, then we need to... work, at least to fulfill what was planned before this, but maybe chinese the representative of lihui was at a meeting of advisers on national security issues in jeji, maybe he just thought that it was ukraine that would be ready to change its position, accept the conditions offered by china, there is freezing, cooling, lack of any guarantees, neutral status, and so on then it is possible, because china will facilitate such a conversation, well, they saw that there is no s

if companies operate in the same way in china as china operates— the same way in china as china operatesrope. we have also seen a _ operates in europe. we have also seen a significant number of instances where new security regulations in general are beginning to impact— regulations in general are beginning to impact the ability of european companies to sell to china. i think it is fair— companies to sell to china. i think it is fair to — companies to sell to china. i think it is fair to say that europe still remains — it is fair to say that europe still remains a _ it is fair to say that europe still remains a significantly dependent on china, _ remains a significantly dependent on china, ratherthan remains a significantly dependent on china, rather than the other way around — china, rather than the other way around. that is in there needs to change — around. that is in there needs to change it— around. that is in there needs to chance. , around. that is in there needs to chante, , ., around. that is in there needs to chance. ,., , ., around. that is in there needs to chance. , ., , ., .

china sees this as provocation.nd you can add onto that the geopolitical hotspots, not just economic issues the u.s. has imposed with export restrictions but more inflammatory moves on taiwan and the no limits partnership packed xi jinping has with putin and there is already war in ukraine as a proxy war. >> absolutely and from a chinese or russian point of view the idea that the american land international order is one in which they should behave according to the rules we have designed seems a little strange. from the chinese point of view, xi jinping thinks he is bringing china back to the natural place, the restoration, the natural place at the center of the world. if we were chinese we would feel sympathetic to that. the good news i would say is both biden and xi as they have discussed in conversations understand war between their countries would be devastating for both so neither biden nor xi wants war and they understand they could get themselves into a war not because they want one, but because of misundersta

second what is china doing? we are launching a project china 360 to better b understand china's global activities and how can churches onto it. third how should the united states compete quakes were standing uppe a china policy accelerated to produce granular policy america did she did not sample how should america fix it's industrial base and harness innovation protect critical infrastructure and cyber for industrial policies butlu that's what the accelerator will seek to do. fourth competition, work together and avoid war? or new global china forums will launch conversations with experts from china and world to answer that question but a china strategy initiative will research in key areas from defense and diplomacy economic and technology and china's domestic development the trl challenges to global governance. >> the these challenges are bold initiatives and we can do these will contain thousands of cfr members from across the country as well as her partners and other institutions around the world to grapple

second, what is china doing?launching a project china 360o better understand china's global activity and have countries respond to them. third, how should the united states compete? we are standing up a china policy accelerator to produce granular policy recommendations on what america should do not just abroad but at home. for example how should america fix it's in industrial base harness technology and innovation, protect critical infrastructure and cyber attack or implement industrial policies that is with the accelerator whr will seek to figure out. fourth, how do we manage competition, work together and avoid war. our new global time formal lunchconversation with experts m china and from countries around the world to answer that question for the china strategy initiative deep in research in key areas from defense and diplomacy to economics and technology. from prostate issues in china's domestic development to transnational challenges and global governance. big challenge is a bold initiatives we cannot do th

r is china's intent and china's a set that of the situationit note china -- ct president most negativeer label was in life as a traitor. the ps has seen, actual last week, righ initial guidelines on how china willpun. folks in particular china intends more punishment on the leaders of taiwan independence. china didn'tuitel name william but i think those of us are following thi a this as being labeled a target. use measures china did not■ take under the pirate past■0 ar bothe will and the intent committed andre chinese as glcm more chinese coercion may expect in the near-term versus■4 long-term, i am of the view that equating could happen anytime. because right now to be honest wouldn't have great response and just cited china which engage in 14 -- what you taiwan. it would not be necessary that cossey for china. but a quarantinero a blockade comps i would kitchen blockade invasion of those are probably options keep at a later time closer to 1.7 or later than the immediate future. >> thanks party.■ce nonincome ay people work on this issue so i hoping to some of you will jump in. me turn

the china is the electric vehicle industry. so i thought taping point. well, it's right or called left under the pressure on bunch front domestic manufacturers are engaged in brutal price worth of feature bedrooms. where on the other, they face global threats from steve terrace and the subsidy. you as usa, are ready to slabs of breaks on chinese tvs, going global. the chinese domestic market is not the biggest in the world. yes, only test last b y, b and b. all adults has been able to make a profit. we have selected with the vendors, these rates. but what's up all the cash with over 400. the electric vehicle companies have that and the staggering 90 percent have gone bank crossing, just the 60 it only giants like tesla b y b. and we also have managed to turn a profit in this cup from my company. this is about of, of survival to see who is the strongest manufacturer. some chinese companies have gained a cost advantage through cut throat competition in recent years. so only the strong survive in china we've done this is basically all easy production supply

why should china do that? attend, fine, but there is no need for china to dissuade other countries from attending. that doesn't look credible to me at all. ., doesn't look credible to me at all. . . , doesn't look credible to me at all. . all. china has publicly tried to stay out _ all. china has publicly tried to stay out of _ all. china has publicly tried to stay out of involvementl all. china has publicly tried - to stay out of involvement when it comes to ukraine, is that likely to change? i it comes to ukraine, is that likely to change?— it comes to ukraine, is that likely to change? i don't think china has _ likely to change? i don't think china has actually _ likely to change? i don't think china has actually stayed - likely to change? i don't think china has actually stayed out| china has actually stayed out of this conflict. it china has actually stayed out of this conflict.— of this conflict. it hasn't condemned _ of this conflict. it hasn't condemned russia. - of this conflict. it hasn't i condemned

so because we just start with the south china sea plains, by china, over the years to large parts of it, china is investments and it's navy, according to official frequencies around $1.00 trillion allocated between 202420. 28. china was putting its money where it's now phase. well, certainly in this case where its claim is absolutely, well, i think if we look at the problems facing the world today, whether that's ukraine, whether that's the tragedy in gaza, that some of a genocide and the rising tensions in the south china sea, that none of these conflicts that are broken out would be possible without the involvement and the explicit support of the united states. and i think this is but fear in the south china sea that will the philippines be in the pacific equivalent of the ukraine, where the us wants to find russian down to the last few premium. is it attempting to find china down to the last filipino and i think china, it has been resolute and clear in saying that it believes on the concept of indivisible security where every state has the right to security, but not at the expense

china more punishment on the leaders in taiwan independence in china did nate not name william but ink that those who are following suit is being labile and targeted these measures that did not taken the president and the prior t past eight years printed so spring to get another will in thehe intent about the intent capabilities we should expect more chinese escalation against that one in terms of what we may expect in the near term long-term i'm up to the 14th could happen anytime because right now to be honest we would not have great responses from the r u.s. effort quarantine an- wanted that was ways china could is the 20 but it would not be that costly for china supporting from blocking innovation so i would say that is much more costly for china to be able to blockade the probably option the china would reserve a later time usually closer to 2027 or later prayed to my think bonnie is a look across his so many people nodding so hopefully in the q&a some of you will jump in. then het turned to matt and you just finished the book and i thank you so out formally next week in samaria

china does not need this at all, because china has a huge trade turnover with europe and america, andinterested in continuing this cooperation in one form or another. do you understand? economically, china is extremely interested. in normal, stable relations with the west, maintaining its claims to world leadership, to global leadership, because china constantly calls itself the main superpower along with the united states, your... constantly omits china, no, you are a regional power, that's what obama did, and now biden is doing, not to mention trump. trump is fiercely anti-chinese. many events are also connected with the fact that elections are expected in november. if trump comes to power, well, then china will not be very happy. and they understand it. they already remembered those four years from 2016 to 20. when trump's decisions on the trade agreement, on the withdrawal of production from the territory of china, are very strong. influenced the situation, all the more so, let me remind you that due to the consequences of covid, and trump caught part of the epidemic itself, while

from china here? with best on corporation? this is the interest of us. a brilliant house that does we do appreciate the short shop the sauce advances. thank you so much and the food and thank you for joining us here and inside story we really do appreciate your time. thanks so much. well, thank you to for watching. you can see the program again any time by visiting a website, that's l g 0, dot com. and for further discussion, go through all facebook page. that's facebook dot com forward slash a j inside story. you can also join the conversation on ex uh, handlers at a inside story for me told me to cry in the and tides. good bye for now the, the hard hitting intervenes is israel and obstacles piece. i think that's the new thing you have on his government with these says 5 digit, you say getting less of a thought provoking odd since the e you made weapons being used in gaza. no guns should be used in an offensive way. that's our facing realities. you're running mean what does he bring to the table? har

so the terrace of from china. what you may actually see is a real push it to both industries and you are good. so i want to ask you very briefly because when you've got a few minutes left, i mean these terrace, basically buying time for europe to catch up to china. i think there's another mentions optimal sites in that i think your will spend a lot more to get ready, but the point about batteries with production takes place is a very significant one. and the china right now has the competitive advantage. okay, and a, what do you think is going to happen from this point on? obviously the terraces as likely to take effect on july, the 4th. if both sides failed to resolve the issue, we're going to see them get together and try and hash this out. well i think from the perspective of the training is the manufacturer is um, this is an unwelcome development. but the rate of the terrorists, i think, were designed to be more or less that acceptable, that the twenty's, the manufacturers would still continue to do business i

if uh, uh, vaguely from china because china has natural competitive advantages in producing new ways. we don't have that at the moment in europe. we should go into that direction, but the same applies to the same. i'm just saying, i'm just don't want to have any protection. so i'm just going to have to have competition. so good told me you will be calling to same games to the same kind of this story telling from the u. s. o a bite and 100 percent taxes on gift texas on, on china is cost. that is, that is just a reaction because you wanted to, to lose the residential election to, to, to donna jobs. so. okay. yeah, that's not fair. so the situation this, uh, there are no uh, subsidies we just added sale to the company is this uh, scaling effectuate show we see in china and that of all us national competitive advantages. and there is no reason to tax natural, imperative, and interest. okay, well i want to get onto how china might respond here, vicky, i mean they haven't said yet how they might retaliate, but said it will take every necessary measure to safe. got a the interest. what shou

that this was a big to china, that china wanted to control. so chinas now in this position.le to be happy and not protect thing and to make itmically in the world. but it needs to don't topple the party. thanks. thanks a lot. thanks a lot, eleanor. so we have really richo the expf our commentators but i think also to the book that raises many questions about the right level of analysis. can get out of the dynamic paradigm model? what can we get out of comparative analysis and what are the normative implications? so i'll give the floor to what u would like to react to before open it up to a broader q&a. yeah so the good thing about a very rich discussion from harry and eleanor is that a guy can pick choose the question that you asked me, but i do see the common theme in your discussion is like you know, is china really different from thehy us d how how does different from the us or are they mean think not og i want to highlight for those audience who don't know the tech sector very well is that china is really the only country. so far that have been able to foster a tech gian

you, do you think that china is neutral both officially and unofficially, but china, but china helpslook, it's one thing, what you think, you think analytically, and another thing, china legally, it emphasizes this, it takes a neutral position regarding the war of russia against ukraine, just like any other country, well, maybe there north korea declares supplies russia with its components for drones, for weapons, and so on, is this neutrality? china supplies complete, it must be proved legally, and there are relevant international institutions that should take care of it, just as iran supplies russia, north korea supplies, by the way, even despite the fact that the declaration, well, the un resolution, which directly prohibits military cooperation between russia, between north korea and any other country, but again, when we talk about any investigation, if there are legal arguments, then this is one. affairs and then it will be possible to discuss it there on various platforms, if it is just that we are talking about the fact that china is like something supplies, that is another ma

so only the strong survive in china. we believe we've done this is basically all easy production supply chains are under chinese control, given china and almost insurmountable advantage that it's nearly impossible for the germans to catch up to no one. what's the chinese government's role in? how the china c electric vehicle industry getting such a head start? and what does the future hold behind the success of companies like b, y b? how many have been left in the task brought to you by the deputy rep? let's so into the i'm told stories of china. electric vehicles exist. busy in may 2024, while jermel was a steal deliberating visor on how to impose a special terrace. i'm chinese made electric vehicles. the united states took the size of step, is decided to raise tigris on chinese made electric vehicles from 25 percent to 100 percent. folks. look, i'm determined that the future of electric vehicles to be made in america for you and you'd work period. now do you then find them find out what is yes and the us government's d

>> on china's concerns, it really depends on china's behavior. idea of an asian version of nato to me seems like a premature concern but at the same time i believe the best way to dispel such concerns is for china to give the in the pacific region and the international community confidence that it will uphold the rules-based international order and there should be no problem. 50 and lawmakers didn't attend the first session of parliament last week. the party is challenging the results. coming up the uk's leader of the liberal democrats tells bloomberg his party will push for closer ties with the european union. more from the election campaign trail next. this is bloomberg. ♪ want to save on some of the biggest names in streaming on the network made for streaming? x marks the spot. now you can add the new xfinity streamsaver™ that includes netflix, peacock, and apple tv+. that's xfinity streamsaver™ for just $15 a month. all your favorites. all in one place. only from xfinity. for more watching and less spending... x marks the spot. do it all on t

it'll china beckett's to reach over 1000000 car exports. however, it's only to go a year to go from by median to, to medium another year to a surprise. c, median in 2020. so we try not exported over 5 medium vehicles, becoming the boards largest con, explore to install the new stuff. do this. i don't think this growth will continue as entire regions will start sealing off their markets. currently only the europeans haven't done so, but they probably will. soon what we're seeing is essentially marketing closing docs and chinese automakers will also be effective tonight as they won't be able to continue marketing their cars globally. you know, to statewide the market print a closer look at the top 10 destinations for trying these con, exports in 2023 suggests that the threats of significance, the tire of increases in the us and europe. one stop chinese cars from finding buyers are running toward the u. s. ranks for teens and germany ranks sixteens among the export destinations. in contrast, for germany try those car markets remains crucial. t

what does china want?wants to integrate taiwan, he definitely wants to take it back painlessly, without war, just like he did with hong kong, macau and so on. he wants to bring taiwan back under his control, that's obvious. object and there are significant forces, we do not take taiwan itself, but also the usa, they are covered by the non-aligned agreement with taiwan. japan is generally not interested, and neither are other countries, why should they, it strengthens china. and so on. on the other hand, china is interested in, let's say, in continuing the rivalry with the west, primarily with washington, but in no case to bring this rivalry to an armed conflict, because china does not need it at all, but china does not need it at all, because china has a gigantic trade turnover with europe and america, and interested in continuing this cooperation in one form or another, you understand, economically, china is extremely interested in normal, stable relations with maintaining its claims to world leadership,

and what about china, we understand that china is a huge power and can dictate the rules, but when its that north korea and russia are nearby , they start to agree on something or not strain they will not stress, if we draw an analogy, north korea is like belarus, that is, in fact, as here belarus is controlled by russia, in the same way north korea is controlled by china, and if north korea does something, it means that china allowed it to do it, that is, china cannot directly provide its weapons, artillery and so on there, they simply said, whoever we allow, let's pour, so here... unfortunately, such a story will not work out in our conflict between the chinese authoritarian regime and the korean authoritarian chinese regime and the korean dictatorship? well, i would like to say that in response to your question, oksana, that russia can sell its soul to china and the dprk for help in the war, but what kind of soul do russians have, then they remembered how stupid, but - stoltenberg, the secretary general of nato, said that china must pay for russia's support in the war against ukrai

washington constantly omits china. no, you are a regional power, that's what obama did and now biden is doing, not to mention trump. trump is furious anti-chinese many events are also connected with the fact that elections are expected in november. if trump comes to power, well, then china will not be very happy. and they understand it. they already remembered those four years. when trump's decisions on the trade agreement to remove production from the territory of china greatly influenced the situation. moreover, let me remind you that due to the consequences of covid, and trump caused part of the epidemic itself, despite the fact that in january 2021, the new president biden was inaugurated. he wants to demand some kind of compensation from china and everything else. this is just an excuse. it's not about money, which can be won in the courts in america and demanded from china. this is a reason to put pressure on china and obtain favorable solutions from it, primarily economic. china is aware of this and is definitel

i think china is besieged as it almost broke up. i think what china will be perceived as it is. it says any up to 8 in diplomacy years down the line, the china can be a guarantor for russia just as the us and the even you came to be a guarantor of the frank apple piece process as the featured talking just to have a guarantor, a front of the channel, someone who will maintain each organization. ok, joiner is more or less selective if indeed frank conflicts equations my think as an oldest blanket for everybody. david, so i just got a brief response to you on that before i get to my notes. credit question. well, the main issue i'm trying to isn't a difficult position with russia, ukraine because of and as, as anti noted, there's a lot of european concerned about this. and i would, i would argue that the europeans are actually driving the train here and out the united states. and we're interested, but this is about vital matter. we haven't seen the evidence of direct provision of military uh, seems like shells and missiles. but the concern is over dual use technology, most notably,

the current tension between the eu and china over china's export to eu is part and parcel of a broadermely china's lopsided, heavily export—dependent recovery, this explains why other economies, most notably the us, but also some emerging markets, especially in latin america, are also beginning to impose trade restrictions on china. i do not see this as blowing up into a global trade war, but if china continues to rely heavily on exports than to try and strengthen its domestic demand and consumption, continuing trade tensions are inevitable. for more on the tariff is being imposed an electric vehicle makers, chinese electric vehicle makers canada is considering whether to put import taxes on these cvs as it sees to align itself with allies including the united states. the country's finance minister said its domestic auto sectorfaced unfair minister said its domestic auto sector faced unfair competition from beijing, it will open a 30 day public occultation. from the second ofjuly on the matter. you're looking at life pictures from the city in south korea which is around 45 kilometres f